WELLINGTON (Reuters) – U.S. chipmaker and technology company Intel Corp said on Thursday it has invested in a New Zealand company producing software for use in sports and exercise sectors. Intel Capital, the corporations investment arm, has bought into the privately owned Performance Lab Ltd, which has software for real-time exercise management and virtual coaching. No financial details were disclosed. The sports, fitness, health and wellness sectors are fuelling strong global demand for smart gadgets, said Sudheer Kuppam, Intel Capital Asia Pacific managing director. …
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